XRP's Battle for $0.5, Shiba Inu (SHIB) Joins Market Comeback, Dogecoin (DOGE) in Better Position

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All eyes on next week's market performance

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If the market fails to rally and XRP loses $0.5, it may retest the recent low at $0.41. A slip below this support could leave it vulnerable to further losses. Hopefully, there is enough conviction among traders for a swift recovery in case the price falls toward that threshold once again.Shiba Inu has been rallying back with a 9% price recovery in the last 24 hours. The meme coin is showing signs that it might be ending its recent period of consolidation.

The current state of Shiba Inu is questionable as the asset is having a tough time recovering due to nonexistent demand for risky assets. The situation may change if Bitcoin returns above $60,000 and gains a foothold there.seems to have buckled up quite tightly. While other digital assets have slipped below the 100 and even the 200-day EMAs, DOGE has managed to stay just below the 50 EMA.

 

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